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Brown Cafe UPS Forum
UPS Retirement Topics
Roth or normal 401K
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<blockquote data-quote="purplesky" data-source="post: 1197038" data-attributes="member: 23628"><p>The scary thing about gold and silver is that its just guys at a computer in a room looking for buyers and sellers. When you buy stock in companies like Apple or UPS or FDX or Microsoft or Southwest airlines you are buying into an actual working object you can study and evaluate. </p><p></p><p>I could see buying maybe 20% into metals but just to diversify an overall portfolio. </p><p></p><p>I just think if the dollar really does ever crash that the whole house of cards will come crashing down and it wont matter what you own. They do have mechanisms in place now to shut the markets down worldwide and I imagine they would freeze the markets to prevent a complete collapse.</p></blockquote><p></p>
[QUOTE="purplesky, post: 1197038, member: 23628"] The scary thing about gold and silver is that its just guys at a computer in a room looking for buyers and sellers. When you buy stock in companies like Apple or UPS or FDX or Microsoft or Southwest airlines you are buying into an actual working object you can study and evaluate. I could see buying maybe 20% into metals but just to diversify an overall portfolio. I just think if the dollar really does ever crash that the whole house of cards will come crashing down and it wont matter what you own. They do have mechanisms in place now to shut the markets down worldwide and I imagine they would freeze the markets to prevent a complete collapse. [/QUOTE]
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